5784 results found for 'matuku'

5784 results found for 'matuku'
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  • Sandia Makes Case for Floating Vertical-Axis Wind Turbines

    18 October 2018
    Research & Development, Technology

    The larger scale of offshore wind turbines and improved materials indicate that the vertical-axis wind turbine (VAWT) designs may have certain advantages and benefits for floating offshore wind energy installations, a new study by Sandia National Laboratories has found.

  • Shell Eyes More Action in European Offshore Wind

    23 February 2017
    Business & Finance, Project & Tenders

    The Netherlands-based oil and gas giant, Shell, is looking to get on board further projects across Europe as it aims to dive deeper into the offshore wind market.

  • PGS, Geology Without Limits Acquire 2D Scientific Survey in Russian Barents and Kara Seas

    8 August 2013
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS), within the framework of an international scientific program, has acquired 8,840 line km of 2D data in the Russian Barents Sea and Kara Sea. The 2D survey, conducted in partnership with Geology Without Limits, began in 2012, using the vessel Akademik Lazarev. This scientific research survey is part of a multi-year, long […]

  • Policy Exchange Ignores Benefits of Renewable Energy, Says WWF (UK)

    18 January 2012

    Responding to the new Policy Exchange report (The Full Cost to Households of Renewable Energy Policies) WWF said today that the think-tank is ignoring the benefits renewables could bring and is advocating a risky reliance on market mechanisms. WWF noted that in contrast to the Policy Exchange figures, a Committee on Climate Change (CCC) report […]

  • Faroe Petroleum lands three blocks in Ireland

    6 October 2014

    Faroe Petroleum has been awarded of three new Licensing Options (LO 14/1, 14/2 and 14/3) by the Minister for Communications, Energy and Natural Resources in the Celtic Sea, Republic of Ireland. The two-year Licensing Options are located on the southern margin of the North Celtic Sea basin, in relatively shallow water depths of between 80 and 110 […]

  • Lenders give Farstad some breathing space

    16 January 2017

    Farstad Shipping, a financially troubled offshore vessel owner, has managed to get a standstill and deferral agreement for amortisation and interest owed to lenders. The company’s restructuring deal with Siem recently collapsed, and Farstad on Monday said it would uphold the previously announced suspension of service of financial debt in order to preserve liquidity. Accordingly, […]

  • RenewableUK Hails Scottish Government’s Wave, Tidal Announcements

    16 September 2013

    RenewableUK today welcomed news that MeyGen Ltd. has been awarded consent by the Scottish Government for an 86 Megawatt tidal energy project, following the completion of the statutory approval process with the regulator Marine Scotland. Located in the Pentland Firth, off the north coast of Scotland, this project has the potential to generate up to […]

  • Report: Security of LNG Supplies Prompting Concern

    18 October 2017

    While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s (IEA) latest assessment of global gas security. The report, entitled Global Gas Security Review, analyzes recent gas balancing issues and risks with […]

  • Moody’s downgrades Saipem, outlook stable

    24 May 2016
    Business & Finance

    Credit rating agency Moody’s has downgraded the Italian oilfield services provider Saipem from the provisional Baa3 long-term issuer rating, into a definitive Ba1 Corporate Family Rating (CFR) with a stable outlook. The rating agency said it expects very weak conditions in offshore drilling to continue for several years and a challenging environment to win new […]

  • Shipping Should Explore Leasing Solutions, Moore Stephens Says

    26 April 2013
    Business & Finance

    International accountant and shipping adviser Moore Stephens says shipping companies should explore leasing opportunities as a way of adjusting their self-owned and chartered-in tonnage balance in response to the radical changes that have taken place in ship financing in recent years. Phil Cowan, the firm’s Head of Corporate Finance, says, “The traditional thinking of a […]

  • FID reached for Hydrogen Hub Agder as Everfuel transfers ownership to Greenstat

    2 February 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Danish green hydrogen company Everfuel has transferred its ownership in the planned 20 MW Hydrogen Hub Agder electrolyzer to the project partner Greenstat Hydrogen. The final investment decision (FID) on the project has also been reached. Back in 2021, Everfuel and Greenstat formed a joint venture to establish the Hydrogen Hub Agder project in Norway. In April 2022, […]

  • $50 billion LNG project gains momentum as Eni and YPF strike a deal

    10 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Transition

    Given the expectations surrounding the role of gas in the future energy mix, Eni and YPF have come up with a roadmap to pave the way for a final investment decision (FID) to be taken for a phase of a proposed liquefied natural gas (LNG) project in the Sierra Grande Norte.

  • Eni: Near field exploration bears fruit in Gulf of Suez as new discovery made

    25 October 2019

    Italian oil giant Eni has discovered new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, offshore Egypt. This is the location where Petrobel, a JV between Eni and by the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South, announced last July. The Sidri […]

  • NAPA Supplies Technology to BOURBON’s Vessels (Finland)

    3 December 2012
    Business & Finance, Equipment

    NAPA Group, the leading software house for ship design and operations, today announced the ongoing success of its contract with BOURBON, a leader in offshore oil and gas marine services, to provide loading computers for 55 of its offshore support vessels (OSV). The latest software will enable BOURBON to improve safe loading and unloading with […]

  • Chevron, ConocoPhillips execs join Oil & Gas UK board

    26 January 2017
    Business & Finance

    Oil & Gas UK, a representative body of the UK o&g industry, has brought in two new board members from Chevron and ConocoPhillips, two major players in the country’s oil and gas sector. Oil & Gas UK said on Thursday that Greta Lydecker from Chevron Upstream Europe and ConocoPhillips’ Terri King joined the trade association’s board […]

  • Premier trims capex. Cost reductions ahead

    12 November 2015
    Project & Tenders

    Premier Oil, an independent exploration and production company, has curtailed its capital expenditure program in order to soften the blow of the low oil price environment.  Development capital expenditure for the full year 2015 is now expected to be around $850 million, lower than previous guidance of $900 million as certain costs are phased into 2016, […]

  • Vantage Drilling sees profit jump, debt reduction

    4 August 2015

    Vantage Drilling Company, an offshore drilling contractor, has seen its profit for the second quarter of 2015 rise. The company Tuesday reported net income for the three months ended June 30, 2015, of $25 million compared to earnings of $10.2 million in the same period last year. The drilling contractor reported a drop in revenue of $212.26 million for […]

  • Safety watchdog keeps an eye on Statoil’s new drilling method

    12 April 2016
    Exploration & Production

    The Petroleum Safety Authority (PSA) has carried out an audit of how Statoil is meeting regulatory requirements relating to the use of a new method for drilling and well intervention at Gullfaks C, in the North Sea.  The PSA in December 2015 carried out an audit of Statoil’s planning and execution of the TTRD (Through […]

  • Dolphin Geo profit drops despite revenue growth

    14 May 2014
    Business & Finance, Project & Tenders

    Dolphin Geophysical AS, Norwegian supplier of marine geophysical services, has reported net income of $6.2 million for the Q1 2014, compared to $8 million in Q1 2013. Dolphin Geo’s revenues for Q1 2014 were USD 80.2 million, compared to USD 69.1 million in Q1 2013. Recorded EBITDA was USD 22.7 million (28,3%), compared to USD 22.9 million in Q1 […]

  • PGS starts seismic survey offshore Côte d’Ivoire

    3 March 2014
    Business & Finance, Equipment

    Petroleum Geo-Services, with local partner Laguna and in cooperation with Petroci, is currently acquiring 2,300 sq km of MultiClient 3D GeoStreamer® data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer data will cover part of the western offshore Côte d’Ivoire, a frontier area within the larger Atlantic Equatorial Transform Margin. […]

  • Polarcus cold stacks ‘Nadia’. Reports 1Q net loss

    30 April 2015
    Business & Finance

    Seismic acquisition companies are the first to feel the consequences when the oil prices go down, as their customers, the oil companies, stop investing in new exploration projects, waiting for the oil prices to rebound. In line with this, seismic survey contractor Polarcus saw its 1Q 2015 revenues fall to $81.1 million, down 33% from […]

  • 2020: New Year, New Call and New Opportunities

    7 January 2020
    Business & Finance

    The Second Call for Applications of the Marine Energy Alliance (MEA) has opened as of January 01, 2020. Are you looking for support? Get yourself prepared to join this call. MEA aims to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine energy technology companies with the overall goal of […]

  • NSRI assists subsea companies to enter wave and tidal sectors

    10 October 2017
    Research & Development

    National Subsea Research Initiative (NSRI) has identified potential enablers which will assist subsea supply chain companies to break into the wave and tidal energy sectors.

  • Woodside: Succession Plan Commenced for CEO (Australia)

    13 October 2010

    Woodside will commence an internal and external search for the company’s next Chief Executive Officer after Don Voelte advised today that he intended to retire in 2011. Mr Voelte advised Chairman Michael Chaney of his intention to leave Woodside in the second half of 2011, by which time he will have served more than seven […]

  • Japan’s NEDO Working on Cutting Floating Wind Price

    13 January 2017
    Research & Development, Technology

    Japan’s New Energy and Industrial Technology Development Organization (NEDO) is set to begin the development of a new floating offshore wind turbine system, with an aim to lower the cost of energy by JPY 20/kWh (approx. EUR 0.16/kWh) after 2030. During the project, NEDO will conduct multiple activities aimed at reducing the cost of the system, […]